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BII tops up investment in affordable housing financier Altum Credo

New Delhi, Aug. 25 -- British International Investment (BII), the development finance arm of the UK government, has topped up its investment in portfolio firm Altum Credo Home Finance Pvt Ltd by inves... Read More


Silicon Valley-based VC invests $50 mn in ABFRL's digital-first portfolio TMRW

New Delhi, Aug. 14 -- Fashion and apparel behemoth Aditya Birla Fashion Retail Ltd's (ABFRL) new-age digital-first brands platform bagged its first investment from a venture capital firm, ServiceNow V... Read More


Avendus PE fund, SBI Life bet on Aragen Life Sciences

New Delhi, Aug. 13 -- The Avendus Future Leaders Fund, a private equity vehicle managed by Mumbai-based investment bank and asset manager Avendus Group, and SBI Life Insurance have picked up a minorit... Read More


Italian major Guala Closures' Indian arm buys unit from Oricon Enterprises

New Delhi, Aug. 8 -- Guala Closures India Private Limited, the Indian arm of Italian metal closure company Guala Closures, has acquired one of the manufacturing units of Oricon Enterprises. Guala Clo... Read More


Natco to buy $226 mn stake in South African drugmaker Adcock Ingram

New Delhi, July 24 -- Indian pharmaceutical company Natco Pharma Ltd has decided to acquire a 35.75% stake in South Africa's Adcock Ingram Holdings Ltd for about Rs 2,000 crore, or almost $226 million... Read More


Tilaknagar Industries to acquire Imperial Blue whisky from Pernod Ricard

New Delhi, July 24 -- Tilaknagar Industries Ltd, an Indian manufacturer of foreign liquor that sells the Mansion House Brandy, has agreed to acquire the 25-year-old Imperial Blue brand of whiskies fro... Read More


Good Glamm restructuring fails as lenders take charge, to sell all brands separately

New Delhi, July 23 -- Once a poster child of India's direct-to-consumer (D2C) boom, online beauty and wellness platform The Good Glamm Group is now facing a dramatic collapse. Despite achieving unicor... Read More


Warburg-backed Micro Life Sciences gets $200 mn from ADIA as valuation jumps

New Delhi, July 21 -- Abu Dhabi Investment Authority, a sovereign wealth fund of the Gulf emirate, has agreed to buy a 3% stake in medical technology firm Micro Life Sciences Pvt Ltd for $200 million ... Read More


ChrysCap-backed Corona Remedies acquires seven brands from Bayer

New Delhi, July 17 -- Ahmedabad-based pharmaceutical company Corona Remedies Pvt Ltd, backed by private equity firm ChrysCapital, outbid several contenders to acquire seven brands from German pharma m... Read More


Multiples PE inks control deal for luggage maker VIP Industries

New Delhi, July 14 -- A group of investors led by private equity firm Multiples Alternate Asset Management has struck a deal to pick up a controlling stake in luggage manufacturing company VIP Industr... Read More